TBILAU VanEck 1-3 Month US Treasury Bond ETF Please read important disclosure Close important disclosure false au en false false
  • TBIL
    VanEck 1-3 Month US Treasury Bond ETF

    TBIL
    VanEck 1-3 Month US Treasury Bond ETF

    • NAV
      $51.74

      as at 12-Apr-24
    • Total Net Assets
      $94.32M
    • Dividend Frequency
      Monthly
    • Management fee (p.a.)
      0.22%
    • Number of securities
      17
    • Inception Date
      16-May-23
    The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 3pm next business day.
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    Overview

    Fund Description

    Our US Treasury Bond ETF, TBIL invests in a portfolio of US dollar denominated Treasury Bills issued by the US Government with a maturity ranging from 1-3 months. Our US Treasury Bonds ETF aims to provide investment returns, before fees and other costs, that closely track the returns of the Index.

    Key benefits

    Targeted access to short-term US Treasuries

    Access to a portfolio of T-Bills which represents the Bloomberg U.S. Treasury Bills: 1-3 Months Unhedged AUD Index moving in line with short-term US interest rates.

    Defensive characteristics

    US Treasuries are high credit quality and one of the most liquid securities offering a potential portfolio hedge against risk-off periods and periods of rising rates.

    Income and yield premium

    US Treasury Bills offer the potential for attractive income.

    Performance

    Holdings & allocations

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into Link’s Investor Centre (https://investorcentre.linkmarketservices.com.au/Login). Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.

    Documents & insights

    TBILAU
    /blog/fixed-income/